GM News Updates

Business, Equipment

Despite Chip Shortage, GM Posts $2.8 Billion Profit

DETROIT — Despite a computer chip shortage that temporarily closed some of its factories, General Motors made a healthy $2.8 billion net profit in the second quarter.

August 4, 2021
Business, Technology, Autonomous

GM Sues Ford in Fight Over Branding of Self-Driving Cars

General Motors Co. is suing its competitor Ford Motor Co. for violating a trademarked driver-assist technology that’s used for hands-free features, according to a lawsuit.

July 26, 2021
Government, Business, Technology, Safety

GM Issues Second Bolt Recall for Faulty Batteries

DETROIT — General Motors is recalling some older Chevrolet Bolts for a second time to fix persistent battery problems that can set the electric cars ablaze.

July 23, 2021
Business, Technology, Equipment, Fuel

GM Announces Ultium Charge 360

General Motors announced its Ultium Charge 360 fleet-charging service, a comprehensive approach designed to help make the switch to electric seamless for fleet customers by connecting them with services, features and resources.

July 19, 2021
Business, Technology, Equipment, Fuel, Autonomous

GM to Spend More on Electric Vehicles, Add Battery Plants

DETROIT — General Motors will raise its spending on electric and autonomous vehicles and add two U.S. battery factories as it gambles that consumers will eagerly switch from gasoline to the new technology.

June 16, 2021
Business, Technology, Autonomous

GM’s Cruise Unit Starts Preproduction on Autonomous Shuttle

Cruise, the self-driving-car unit majority-owned by General Motors Co., has started preproduction on its purpose-built battery-electric autonomous shuttle and boosted its access to cash.

June 15, 2021
Business, Technology, Fuel, Logistics

GM, Wabtec Agree to Make Electric and Hydrogen-Powered Trains

General Motors Co. and Wabtec Corp. have signed a nonbinding agreement to build locomotive engines using the automaker’s Ultium electric battery and its Hydrotec hydrogen fuel-cell system, the companies said June 15.

June 15, 2021
Business, Technology, Logistics

GM to Beat Profit Targets as Truck Plants Ramp Up

General Motors Co. will boost output at two truck plants, allowing the company to beat its first-half forecast of $5.5 billion in profit and to hit the high end of its full-year target of around $11 billion.

June 3, 2021
Business, Technology, Equipment

GM Profit Surges on Sales of Higher-Margin Pickups

DETROIT — General Motors’ first-quarter net income surged to $2.98 billion as strong U.S. consumer demand and higher prices offset production cuts brought on by a global shortage of computer chips.

May 5, 2021
Business, Fuel

GM to Build Electric Pickup at Detroit Plant

General Motors Co. is about to enter the electric-pickup battle, announcing April 6 that it will build a battery-powered Chevrolet Silverado model at its Detroit-Hamtramck plant.

April 6, 2021